What are some HELOC lenders that do 10 year draw periods? Looking for a rate of prime +1.25 or lower. It is for an owner occupied 4 unit. Thank you for any referrals!
Can anyone recommend anyone that can produce engineering drawings for a one-bedroom apartment rehab? We need to submit these drawings (Actual and proposed) for the building permit application, and I needed these yeste...
Alright BP, any and all thoughts on this particular deal would be appreciated! I'm trying to solve a problem that a client is facing, but I'm currently having just a slight 'brain fart'.
Owner has a property (Town H...
Ok, so I have come across an issue that is most likely not unique but something that I am not sure what to do. There is multifamily unit for sales in a smaller town fairly close to me that has really good potential. C...
Hi all, I am asking for you experienced investors out there to offer your suggestions (and advice), on some lenders who offer the best options for drawing out equity in our rental in Bradenton, Fl. We inherited the pr...
I'm interested in hearing from fellow flippers about how they have managed the process of draws and payments to contractors. I work with the GC at the outset to establish what items will be completed for each draw. So...
I'm interested in hearing from fellow flippers about how they have managed the process of draws and payments to contractors. I work with the GC at the outset to establish what items will be completed for each draw. So...
Who gets a lien release after each draw from your rehabber? Or do you get it at the end? Do you have them get it notarized? I found a release online but the template is designed for the contractor to have it notarized...
Who gets a lien release after each draw from your rehabber? Or do you get it at the end? Do you have them get it notarized? I found a release online but the template is designed for the contractor to have it notarized...
For those that work with HMLs, how do you account for your contractor’s fee when creating your scope of work and requesting draws. I know it’s good to pay in installments, but how do you request a draw for only labor ...